April 27, 2024

Profile: Web.com, A Web and Marketing Company

Jacksonville-based firm's stock is back on the rise.

Cynthia Barnett | 3/1/2011

David L. Brown
Web.com CEO, Chairman and President David L. Brown
Jacksonville-based Web.com began the year on a high note — including its highest stock prices in three years and news that the company's stock was elevated to Nasdaq's Global Select Market. Web.com, founded in Jacksonville in 1997, builds websites and online marketing for small businesses. It went public in 2005 and trades under the symbol WWWW. The stock trades for about

$10, after hovering closer to $3 last summer. It's been rising following the company's acquisition last year of Register.com, which is expected to increase revenue by 80%. Analysts also liked Web.com's recently announced partnership with SuperMedia, a small-business advertising agency that offers directories, direct-mail and other products. The partnership gives SuperMedia's clients access to a Web.com-powered website, hosting and other marketing services.

Tags: Northeast

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